Author Archives: Syndicated Content
Global hedge funds post April gains but still negative for the year: data
By Svea Herbst-Bayliss BOSTON (Reuters) - Global hedge funds posted their biggest monthly gain in more than a decade in April when stocks rocketed higher with the help of government rescue packages de...
May 07, 2020
Some Goldman Sachs borrowers see FICO scores fall as coronavirus hits economy
By Elizabeth Dilts Marshall NEW YORK (Reuters) - A greater portion of borrowers in Goldman Sachs Group Inc's consumer business had less-than-stellar credit scores in the first quarter, indicating that...
May 07, 2020
Malaria drug touted by Trump for coronavirus fails another test
By Gene Emery (Reuters) - The malaria treatment repeatedly championed by U.S. President Donald Trump as a "game changer" in the fight against the novel coronavirus has again failed to show a benefit i...
May 07, 2020
Rupert Murdoch to forgo his News Corp annual cash bonus
(Reuters) - News Corp Executive Chairman Rupert Murdoch will forgo his cash bonus for the current fiscal year due to the impact of COVID-19 pandemic on business, the company said on Wednesday. Chief E...
May 07, 2020
Sudanese coronavirus committee recommends lockdown extension in Khartoum state
KHARTOUM (Reuters) - Sudan's emergency committee on coronavirus has recommended that a lockdown of the state of Khartoum be extended by 10 days from Sunday to help slow the spread of the deadly COVID-...
May 07, 2020
Ford plans to restart North America production from May 18
(Reuters) - U.S. automaker Ford Motor Co said on Thursday it is planning to restart production and operations in North America in a phased manner, starting May 18. Ford said from that date it will als...
May 07, 2020
Portugal extends contracts, housing tensions intensify during pandemic
By Victoria Waldersee and Catarina Demony LISBON (Reuters) - In a move aimed at ensuring people had a roof over their heads for the duration of the coronavirus outbreak, Portugal's government on Thurs...
May 07, 2020
Trump campaign launches $10 million ad blitz against Biden
By Tim Reid (Reuters) - President Donald Trump's re-election campaign launched a massive, multi-million dollar ad blitz against presumptive Democratic presidential nominee Joe Biden on Thursday, its b...
May 07, 2020
Macy’s delays first-quarter results to July 1, citing COVID-19 disruption
(Reuters) - Department store chain Macy's Inc on Thursday delayed its first-quarter earnings report to July 1, citing significant business disruption due to the COVID-19 pandemic, which has also led t...
May 07, 2020
Senate leader expects vote soon on seeking China sanctions over Uighurs
WASHINGTON (Reuters) - U.S. Senate Majority Leader Mitch McConnell said on Thursday he expects the chamber to move soon to pass a bill that would call on the Trump administration to toughen its respon...
May 07, 2020
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